Canara Bank Chandrapur Chandrapur Maharashtra MICR CODE

Find MICR Codes for Canara Bank Chandrapur Chandrapur Maharashtra

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MICR Code	442015103
Bank	Canara Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Chandrapur Ii
Contact	0
Bank Details	Canara Bank Chandrapur Ii CNRB0015180

Location	Chandrapur, Chandrapur
City	Chandrapur
District	Chandrapur
State	Maharashtra
Pincode	442402
Country	IN
Address	Bangade sankul grain mkt ganj ward chandrapur maharashtra 442402

Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

How does MICR code 442015103 for Chandrapur Ii branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 442015103 of Canara Bank, Chandrapur Ii branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Chandrapur Ii branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Canara Bank are available with micr code -

>>Chandrapur >>Chandrapur Ii

MICR code for Canara Bank Chandrapur Ii

Canara Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Canara Bank MICR code for Chandrapur Ii is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 442015103 is the MICR code of Canara Bank for Chandrapur Ii branch. MICR code for Chandrapur Ii branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for Canara Bank Chandrapur Ii is presented in the table alongside.

Use of Canara Bank MICR code for Chandrapur Ii branch in chandrapur

The MICR code 442015103 is used in RBI cheque clearing process to identify the branch Chandrapur Ii and Canara Bank bank for clearing processes. The MICR characters, which are printed using magnetic ink, are passed before a MICR reader. Initially the ink gets magnetized and when it is read, each character produces a unique waveform which can be easily identified. MICR code of Canara Bank is typically in either of these two font’s: E-138 and CMC-7.

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